Federal Reserve Urges Judge to Be Firm Denying DOJ Subpoena (1)

The Federal Reserve asked a judge to stand firm in his decision to dismiss two Justice Department subpoenas seeking information about building-renovation cost overruns tied to the administration’s legal fight with Chair Jerome Powell.

The central bank asked US District Chief Judge James Boasberg to reject a request by US Attorney Jeanine Pirro to reconsider his ruling to quash the grand jury subpoenas.

Chairman of the US Federal Reserve Jerome Powell

Photographer: Kent Nishimura/Bloomberg

“The president has been waging a pressure campaign against Chair Powell for years in order to try to force interest rates lower, and he has been directing prosecutors to target his enemies throughout his second ...